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UNITED MOBILE HOMES, INC. REPORTS FIRST QUARTER EARNINGS

 EATONTOWN, N.J., April 30 /PRNewswire/ -- Eugene W. Landy, president of United Mobile Homes, Inc. (NASDAQ: UMHI), reported net income of $313,000, or $.06 a share, for the quarter ended March 31, 1993 as compared to net income of $284,000, or $.06 a share, for the quarter ended March 31, 1992.
 A summary of significant financial information for the three months ended March 31, 1993 and 1992 is as follows:
 Three months ended March 31 1993 1992
 Total revenues $ 2,835,000 $ 2,636,000
 Net income 313,000 284,000
 Net income per share .06 .06
 The company recently declared a regular quarterly dividend of $.075 per share, payable June 15, 1993 to shareholders of record May 14, 1993. The company's annual dividend rate is $.30 per share.
 United Mobile Homes, Inc. owns and operates twenty mobile home parks located in New York, New Jersey, Pennsylvania, Ohio and Tennessee.
 -0- 4/30/93
 /CONTACT: Rosemarie Faccone of United Mobile Homes, Inc. 908-389-3890/
 (UMHI)


CO: United Mobile Homes, Inc. ST: New Jersey IN: SU: ERN

WB-AH -- NY075 -- 3336 04/30/93 15:17 EDT
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Publication:PR Newswire
Date:Apr 30, 1993
Words:186
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